@StephanieKelton @FT The reason cost of climate goals is immense is it's an energy sink. Net energy is the basis of money through the production integral. consumption rate of energy is tied to the historical accumulation of GWP at 9.7±0.3 mW per inflation-
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@StephanieKelton No, Stephanie, b/c solar & wind lock in fossil fuels (dying for resource availability reasons). Solar & wind are low to negative EROEI. Money is a function of energy. ( Garrett 2011 https://t.co/PO9tWAipSE) Xi is suckering the Wes
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@DrPhiltill @LordMartinRees @elonmusk "[GDP] grows by a feedback loop wherein consumption rate of primary energy resources stays tied to the historical accumulation of global economic production—or p×g—through a time-independent factor of 9.7±0.3 mW per i
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@peterrhague Here. This may get your attention if nothing else will. 50 years of the production integral has flat monetary valuation in 1990 dollars of 9.7±0.3 mW per dollar. https://t.co/PO9tWAipSE